U.S. propane consumption reached an 18-year record in January amid cold snap
U.S. propane consumption reached 1.48 million barrels per day (b/d) in January 2025, the most January consumption on record since January 2005 and the most for any month since February 2007, as severe cold drove up heating demand across much of the country.
U.S. natural gas consumption set new winter and summer monthly records in 2024
In 2024, U.S. natural gas consumption averaged a record 90.3 billion cubic feet per day (Bcf/d) and set new winter and summer monthly records in January and July, according to data in our Natural Gas Monthly. Overall, U.S. consumption last year increased 1% (0.9 Bcf/d) from 2023. In January, natural gas consumption was up 12% (12.5 Bcf/d) compared with January 2023 consumption, and in July, consumption increased by 3% (2.5 Bcf/d) compared with July 2023.
U.S. manufacturing energy consumption has continued to increase since 2010 low
U.S. manufacturing energy consumption has continued to increase, according to our recently released survey results for 2022. We conduct the Manufacturing Energy Consumption Surveys (MECS) every four years, and the latest iteration shows the third consecutive increase in energy consumed in the manufacturing sector since a low point in 2010. Natural gas consumption in the manufacturing sector increased by more than all other energy sources combined, as compared with the previous MECS results from 2018.
Preliminary results for the 2022 Manufacturing Energy Consumption Survey (MECS)
(Thu, 20 Mar 2025) We released our preliminary results from the 2022 Manufacturing Energy Consumption Survey (MECS) on March 20, 2025.The initial data table provides information on total U.S. manufacturing energy consumption for all purposes (fuel and nonfuel). The new data show total energy consumption increased for the third continuous four-year period, largely due to increased natural gas consumption; solar-, wind-, hydro-, and geothermal-powered onsite electricity generation; and wider use of other renewable energy sources such as agricultural waste.
U.S. ethane production, consumption, and exports set new records in 2024
U.S. ethane production, consumption, and exports reached record highs in 2024, according to recent data from our Petroleum Supply Monthly. Increasing ethane recovery associated with natural gas production and continued growth in the domestic and global petrochemical sectors drove these increases.
Refinery closures and rising consumption will reduce U.S. petroleum inventories in 2026
In 2026, we forecast that inventories of the three largest transportation fuels in the United States—motor gasoline, distillate fuel oil, and jet fuel—will fall to their lowest levels since 2000 in our February Short-Term Energy Outlook.
Consumption of renewable diesel continues general growth trend on the U.S. West Coast
Renewable diesel is increasingly replacing petroleum diesel on the U.S. West Coast, where state-level policies are attracting new production capacity and shipments to the region. The fuel continues to mostly be consumed in California but is also making up a substantial share of Oregon's and Washington's smaller distillate pools, according to quarterly data published by California, Oregon, and Washington.
India to surpass China as the top source of global oil consumption growth in 2024 and 2025
India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overtaking China this year, according to our December Short-Term Energy Outlook (STEO). China’s oil consumption grew by more than India’s in almost every year from 1998 through 2023, with China’s oil consumption regularly growing more than any other country during those years.
What’s driving decreasing gasoline consumption in China?
Gasoline consumption in China has begun to fall in recent months amidst increased sales of electric vehicles, slow economic growth, and population decline.